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ACCO Brands (ACCO) Stock Price, News & Analysis

ACCO Brands logo
$5.64 -0.07 (-1.22%)
(As of 11/20/2024 ET)

About ACCO Brands Stock (NYSE:ACCO)

Key Stats

Today's Range
$5.58
$5.71
50-Day Range
$4.81
$6.33
52-Week Range
$4.36
$6.62
Volume
550,370 shs
Average Volume
627,976 shs
Market Capitalization
$524.31 million
P/E Ratio
N/A
Dividend Yield
5.31%
Price Target
$7.00
Consensus Rating
Buy

Company Overview

ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company provides computer and gaming accessories, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; sheet protectors and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools. It offers its products under the AT-A-GLANCE, Barrilito, Derwent, Esselte, Five Star, Foroni, GBC, Hilroy, Kensington, Leitz, Marbig, Mead, NOBO, PowerA, Quartet, Rapid, Rexel, Swingline, Tilibra, Artline, and Spirax brand names. The company markets and sells its products through various channels, including mass retailers, e-tailers, discount, drug/grocery, and variety chains; warehouse clubs; hardware and specialty stores; independent office product dealers; office superstores; wholesalers; contract stationers; and technology specialty businesses, as well as sells products directly to commercial and consumer end-users through its e-commerce platform and direct sales organization. The company was founded in 1893 and is headquartered in Lake Zurich, Illinois.

ACCO Brands Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
97th Percentile Overall Score

ACCO MarketRank™: 

ACCO Brands scored higher than 97% of companies evaluated by MarketBeat, and ranked 3rd out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    ACCO Brands has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    ACCO Brands has only been the subject of 1 research reports in the past 90 days.

  • Read more about ACCO Brands' stock forecast and price target.
  • Earnings Growth

    Earnings for ACCO Brands are expected to grow by 8.65% in the coming year, from $1.04 to $1.13 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of ACCO Brands is -2.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of ACCO Brands is -2.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    ACCO Brands has a PEG Ratio of 0.47. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    ACCO Brands has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about ACCO Brands' valuation and earnings.
  • Percentage of Shares Shorted

    2.39% of the float of ACCO Brands has been sold short.
  • Short Interest Ratio / Days to Cover

    ACCO Brands has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in ACCO Brands has recently decreased by 0.93%, indicating that investor sentiment is improving.
  • Dividend Leadership

    ACCO Brands is a leading dividend payer. It pays a dividend yield of 5.15%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    ACCO Brands does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, ACCO Brands will have a dividend payout ratio of 26.55% next year. This indicates that ACCO Brands will be able to sustain or increase its dividend.

  • Read more about ACCO Brands' dividend.
  • Percentage of Shares Shorted

    2.39% of the float of ACCO Brands has been sold short.
  • Short Interest Ratio / Days to Cover

    ACCO Brands has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in ACCO Brands has recently decreased by 0.93%, indicating that investor sentiment is improving.
  • News Sentiment

    ACCO Brands has a news sentiment score of 1.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Industrial Products companies.
  • Search Interest

    4 people have searched for ACCO on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added ACCO Brands to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, ACCO Brands insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $104,838.00 in company stock.

  • Percentage Held by Insiders

    Only 7.30% of the stock of ACCO Brands is held by insiders.

  • Percentage Held by Institutions

    84.56% of the stock of ACCO Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about ACCO Brands' insider trading history.
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ACCO Stock News Headlines

ACCO Brands Reports Steady Q3 2024 Performance
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ACCO Stock Analysis - Frequently Asked Questions

ACCO Brands' stock was trading at $6.08 at the beginning of 2024. Since then, ACCO stock has decreased by 7.2% and is now trading at $5.6450.
View the best growth stocks for 2024 here
.

ACCO Brands Co. (NYSE:ACCO) released its quarterly earnings results on Thursday, October, 31st. The industrial products company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. The business's quarterly revenue was down 6.0% on a year-over-year basis.

Top institutional investors of ACCO Brands include Allspring Global Investments Holdings LLC (6.30%), Wellington Management Group LLP (5.14%), Capital Management Corp VA (3.69%) and Geode Capital Management LLC (2.33%). Insiders that own company stock include Boris Elisman, Pamela R Schneider, Gregory J Mccormack, Roxanne M Bernstein, Angela Y Jones, Neal V Fenwick and Thomas W Tedford.
View institutional ownership trends
.

Shares of ACCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that ACCO Brands investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Advanced Micro Devices (AMD), Arista Networks (ANET) and e.l.f. Beauty (ELF).

Company Calendar

Ex-Dividend for 9/4 Dividend
8/16/2024
Dividend Payable
9/04/2024
Last Earnings
10/31/2024
Ex-Dividend for 12/11 Dividend
11/15/2024
Today
11/20/2024
Dividend Payable
12/11/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/27/2025

Industry, Sector and Symbol

Industry
Blankbooks, looseleaf binders, & bookbinding & related work
Sub-Industry
Office Services & Supplies
CUSIP
00081T10
Employees
5,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.00
High Stock Price Target
$7.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+24.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-21,800,000.00
Pretax Margin
-11.27%

Debt

Sales & Book Value

Annual Sales
$1.83 billion
Cash Flow
$1.89 per share
Book Value
$8.29 per share

Miscellaneous

Free Float
86,101,000
Market Cap
$524.31 million
Optionable
Optionable
Beta
1.63

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This page (NYSE:ACCO) was last updated on 11/21/2024 by MarketBeat.com Staff
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